Delta Air Lines (DAL) Beats Q2 Earnings and Revenue Estimates

Core Insights - Delta Air Lines reported quarterly earnings of $2.1 per share, exceeding the Zacks Consensus Estimate of $2.04 per share, but down from $2.36 per share a year ago, indicating an earnings surprise of +2.94% [1] - The company generated revenues of $16.65 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 2.78%, although this is slightly lower than the $16.66 billion reported in the same quarter last year [2] - Delta shares have declined approximately 16.2% year-to-date, contrasting with the S&P 500's increase of 6.5% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.36 on revenues of $15.46 billion, while for the current fiscal year, the estimate is $5.11 on revenues of $59.49 billion [7] - The estimate revisions trend for Delta was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6] Industry Context - The Transportation - Airline industry is currently ranked in the bottom 41% of over 250 Zacks industries, indicating potential challenges for stocks within this sector [8] - Air Canada, another airline in the same industry, is expected to report quarterly earnings of $0.51 per share, reflecting a year-over-year decline of -29.2%, with revenues anticipated to be $3.99 billion, down 1.1% from the previous year [9]